-
Holding Companies Explained
If you would like any assistance with registering a holding company in South Africa (which is the same a normal Pty Ltd), please use the following link:
https://www.swiftreg.co.za/Swiftreg/products/Company_registration.aspx
We at SwiftReg look forward to assisting you. We have a dedicated call center 021-595 44 33 (available during business hours) alternative please browser our website on https://www.swiftreg.co.za/index.aspx for more services.
And now for the video script... :)
In this video I am going to explain everything you need to know about holding companies or parent companies as some people refer to them. I’ll explain how the company group structure works and when you should consider registering a holding company.
To start let’s look at the definition of a holding company....
published: 23 Mar 2021
-
What is a Holding (Parent) Company?
Not sure what a Holding Company is? Listen to Robert as he explains what is a Holding Company, how to create one and if your business needs one.
🚀 ENTREPRENEURS! START YOUR BUSINESS HERE: https://go.mollaeilaw.com/start
📞 WANT TO TALK TO ME OR MY TEAM DIRECTLY? https://calendly.com/mollaeilawconsultation/strategy-session
🔔 SUBSCRIBE & TURN ON NOTIFICATION FOR MORE VIDEOS LIKE THIS: https://mollaeilaw.com/youtube
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔥 HOW WE CAN HELP YOU...
Let's face it... starting a business is COMPLICATED and CONFUSING.
We offer Done-For-You Business Services to help entrepreneurs start their online business without dealing with complicated legal forms from anywhere in the world! 🚀🚀
We take care of all of the paperwork for you so you can make more money and spend more ...
published: 22 Sep 2020
-
How to Start a Holding LLC Company in 2024 [Step-by-Step]
Here is the step-by-step guide on how to set up an LLC holding company or umbrella company in 2024. First off, you need to know that an umbrella company is basically a business entity that controls multiple businesses at once.
Book a Tax Services Discovery Call: https://schedule.lyfetaxes.com/discoveryapplication
Timestamps:
Joke Intro (0:00)
What is a holding company? (0:15)
Holding vs Subsidiaries companies (1:05)
Step #1 (1:30)
Step #2 (2:30)
Step #3 (4:09)
Should you start an umbrella company? (6:44)
This is part 2 of this video, "should you create an LLC holding company?" - https://youtu.be/KN_4eJrR62A
More Popular Uploads:
5 Grants to Start a Small Business: https://youtu.be/FweABu-XPNM
Single Member LLC, What You Must Know: https://youtu.be/iHy1xLYqS6Q
Tax Planning for Be...
published: 13 Sep 2021
-
LLC Tip: How To Form A Parent Company
The PROPER structure is important💯
.
Running multiple DBA’s under 1 LLC is NOT a parent company 🚫🚫
.
You don’t want to expose business assets to creditors unnecessarily. That is why running multiple businesses under 1 LLC is setting yourself up for FAILURE😩
.
Every business owner should have multiple LLC’s. Book a consultation so we can go over your current business structure & determine how to better protect your personal & business assets💰💰 #LinkInBio⬆️⬆️
#thefirm #businessattorney #entrepreneur#limitedliabilitycompany #smallbusiness #nodaysoff #millionamonth #seeyouatthebank #BusinessLaw #Contracts #BusinessLawyer #HoustonBusinessLawyer #BusinessLife #WomenInBusiness #LLC #contracts #llctips
#smallbusinessattorney #smallbusinesslawyer #businesstips #businessformation #houstonllc #small...
published: 09 Sep 2022
-
Holding Company (Parent Company) - Meaning, Examples, Rights & Responsibility
In this video on Holding Company (Parent Company), here we discuss a parent company's relationship with a subsidiary company and rights and responsibilities of holding company's.
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 (𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲)?
---------------------------------------------------------------------------------
The parent company or holding company is a firm with majority voting rights of other companies (subsidiary companies) to control the company's management and operations.
𝐑𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
-----------------------------------------------------
#1 - Holds more than 50% of the subsidiary's rights.
#2 - Controlling power over the subsidiary firm.
#3 - Maintains voting rights for the subsidiary.
𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐟 𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
----------------------------------------------------------...
published: 19 May 2019
-
What is a Holding Company? Setting up a parent company for Benefits and Tax Reduction
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...
published: 21 Mar 2023
-
Google's parent company Alphabet to cut 12,000 jobs worldwide - BBC News
Google's parent company, Alphabet, has announced it will cut 12,000 jobs across its teams worldwide.
It follows a trend by big tech firms, including Microsoft, who are citing pressures facing the global economic climate for a rise in the number of redundancies.
In a memo to staff Alphabet's chief executive said the mass hiring of staff across its network over the last two years was for a different economic reality.
Please subscribe HERE http://bit.ly/1rbfUog
#Tech #Google #BBCNews
published: 20 Jan 2023
-
Reporter says TikTok's parent company accessed her data to try to see who she was meeting with
The Justice Department is investigating TikTok's parent company for possibly spying on American citizens, including journalists, CBS News has confirmed. The popular app is owned by China-based ByteDance. Forbes technology reporter Emily Baker-White said the company improperly accessed her data, and she joined "CBS News Mornings" to discuss.
#news #tiktok #forbes
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital plat...
published: 20 Mar 2023
-
DOJ, FBI investigating TikTok’s parent company ByteDance
The Justice Department and the FBI are now looking into whether Chinese company ByteDance illegally surveilled journalists, according to a law enforcement official with knowledge of the matter. NBC News’ Hallie Jackson has more details on TikTok’s future in the U.S.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite N...
published: 18 Mar 2023
-
Holding Company and Subsidiary Company | Difference between Holding company and subsidiary company
This video might be useful for students preparing for -
11th Commerce #11thcommerce
12th commerce boards #12thcommerce
CSEET(CS FOUNDATION ICSI)
CA Foundation #cafoundation
UGC NET COMMERCE #ugcnetcommerce
LLB #llb
UGC NET LAW #ugcnetlaw
In this video-
Teacher's Name - CS Payal Popli
Topic - Holding and Subsidiary Company
Chapter 4 -Elements of Company Law
Subject - Legal Aptitude and Logical Reasoning
CSEET (ICSI)
Watch full syllabus of CSEET - Legal Aptitude and Logical Reasoning from our playlist -
https://www.youtube.com/playlist?list=PLAxciooZTrO2FtD3pgVo5gC6XPzzMXNmQ
Contact for Notes and Question Bank of CSEET-
WhatsApp - 9630227777
Holding and Subsidiary Company-
As per Section 2(87) “subsidiary company” or “subsidiary”, in relation to any other company (that is to say the h...
published: 24 May 2021
4:37
Holding Companies Explained
If you would like any assistance with registering a holding company in South Africa (which is the same a normal Pty Ltd), please use the following link:
https...
If you would like any assistance with registering a holding company in South Africa (which is the same a normal Pty Ltd), please use the following link:
https://www.swiftreg.co.za/Swiftreg/products/Company_registration.aspx
We at SwiftReg look forward to assisting you. We have a dedicated call center 021-595 44 33 (available during business hours) alternative please browser our website on https://www.swiftreg.co.za/index.aspx for more services.
And now for the video script... :)
In this video I am going to explain everything you need to know about holding companies or parent companies as some people refer to them. I’ll explain how the company group structure works and when you should consider registering a holding company.
To start let’s look at the definition of a holding company. The Oxford language defines a holding company as “a company created to buy and own the shares of other companies, which it then controls”
Therefore holding companies do not produce any goods or services, they simply holds assets. These assets are usually shares of other companies but they could also be properties, trademarks or patents. The key difference is that holding companies just hold assets while operating companies run the day to day operations of the business.
Registering a holding company is no different from registering any other regular company. In South Africa most holding companies are therefore standard (Pty) Ltds. The only difference is the purpose for which the Pty is registered which is to hold assets rather than trade and the fact that the holding company owns the shares of the trading company. Trusts and CCs can therefore also be holding companies, but it is important to remember that Trusts are taxed at a higher rate than companies and CCs are not as flexible in terms of shareholding as Pty’s. This is why Pty’s remain the preferred type of holding company in South Africa.
So why would people want to register holding companies? There are two main reasons, first to reduce risk by separating the asset away from the operating business and into a separate legal entity.
A typical example would be; if a restaurant owner owns the premises in which his restaurant operates. In this example it would be advisable for the owner to register 3 companies. Company A (the holding company) will own the shares of the other 2 companies. Company B will own the building and charge rent to company C which will own the operating company of the restaurant. This keeps the liabilities of the separate entities separated so that if company C fails, the assets in Company B are not impacted due to the limited liability protection.
The second reason why people own holding companies is it allows one company ownership and control over a number of different businesses. The best global example of this is the world’s number one investor Warren Buffet who’s company Berkshire Hathaway controls and owns hundreds of different companies. This control allows him to appoint directors through voting rights linked to his shares in the respective companies or subsidiaries.
We often meet enthusiastic entrepreneurs wanting to set up complex group company structures based on their grand ideas even before the intended businesses have even started. I understand their intention as they would like to get organised by putting the group company structure in place even before the respective businesses have started.
My advice is that you do not have to set up the group company structure from the outset as you can always add new operating companies as and when they get off the ground. In fact, you could even register holding company years after the operating companies are up and running and then transfer your shares of the operating company to the holding company. To register and maintain a group of companies is also expensive so only register the operating and holding companies one at a time and when it makes financial sense to do so.
From an accounting perspective a group company structure can be more complex than initially anticipated as companies can create loan accounts between each other by raising finance and transferring the funds between companies. This attracts interest and therefore has tax implications.
A group company structure can also be complex from an ownership perspective as the operating companies can have any combination of shareholders, not just the holding company. For example in the construction industry a new operating company is often created as a joint venture between different businesses for a specific project, usually a large civil engineering project and the shareholding of the joint venture is held by the respective holding companies.
I hope this video has been informative. As always remember WE ARE HERE TO HELP
https://wn.com/Holding_Companies_Explained
If you would like any assistance with registering a holding company in South Africa (which is the same a normal Pty Ltd), please use the following link:
https://www.swiftreg.co.za/Swiftreg/products/Company_registration.aspx
We at SwiftReg look forward to assisting you. We have a dedicated call center 021-595 44 33 (available during business hours) alternative please browser our website on https://www.swiftreg.co.za/index.aspx for more services.
And now for the video script... :)
In this video I am going to explain everything you need to know about holding companies or parent companies as some people refer to them. I’ll explain how the company group structure works and when you should consider registering a holding company.
To start let’s look at the definition of a holding company. The Oxford language defines a holding company as “a company created to buy and own the shares of other companies, which it then controls”
Therefore holding companies do not produce any goods or services, they simply holds assets. These assets are usually shares of other companies but they could also be properties, trademarks or patents. The key difference is that holding companies just hold assets while operating companies run the day to day operations of the business.
Registering a holding company is no different from registering any other regular company. In South Africa most holding companies are therefore standard (Pty) Ltds. The only difference is the purpose for which the Pty is registered which is to hold assets rather than trade and the fact that the holding company owns the shares of the trading company. Trusts and CCs can therefore also be holding companies, but it is important to remember that Trusts are taxed at a higher rate than companies and CCs are not as flexible in terms of shareholding as Pty’s. This is why Pty’s remain the preferred type of holding company in South Africa.
So why would people want to register holding companies? There are two main reasons, first to reduce risk by separating the asset away from the operating business and into a separate legal entity.
A typical example would be; if a restaurant owner owns the premises in which his restaurant operates. In this example it would be advisable for the owner to register 3 companies. Company A (the holding company) will own the shares of the other 2 companies. Company B will own the building and charge rent to company C which will own the operating company of the restaurant. This keeps the liabilities of the separate entities separated so that if company C fails, the assets in Company B are not impacted due to the limited liability protection.
The second reason why people own holding companies is it allows one company ownership and control over a number of different businesses. The best global example of this is the world’s number one investor Warren Buffet who’s company Berkshire Hathaway controls and owns hundreds of different companies. This control allows him to appoint directors through voting rights linked to his shares in the respective companies or subsidiaries.
We often meet enthusiastic entrepreneurs wanting to set up complex group company structures based on their grand ideas even before the intended businesses have even started. I understand their intention as they would like to get organised by putting the group company structure in place even before the respective businesses have started.
My advice is that you do not have to set up the group company structure from the outset as you can always add new operating companies as and when they get off the ground. In fact, you could even register holding company years after the operating companies are up and running and then transfer your shares of the operating company to the holding company. To register and maintain a group of companies is also expensive so only register the operating and holding companies one at a time and when it makes financial sense to do so.
From an accounting perspective a group company structure can be more complex than initially anticipated as companies can create loan accounts between each other by raising finance and transferring the funds between companies. This attracts interest and therefore has tax implications.
A group company structure can also be complex from an ownership perspective as the operating companies can have any combination of shareholders, not just the holding company. For example in the construction industry a new operating company is often created as a joint venture between different businesses for a specific project, usually a large civil engineering project and the shareholding of the joint venture is held by the respective holding companies.
I hope this video has been informative. As always remember WE ARE HERE TO HELP
- published: 23 Mar 2021
- views: 86437
6:04
What is a Holding (Parent) Company?
Not sure what a Holding Company is? Listen to Robert as he explains what is a Holding Company, how to create one and if your business needs one.
🚀 ENTREPRENEUR...
Not sure what a Holding Company is? Listen to Robert as he explains what is a Holding Company, how to create one and if your business needs one.
🚀 ENTREPRENEURS! START YOUR BUSINESS HERE: https://go.mollaeilaw.com/start
📞 WANT TO TALK TO ME OR MY TEAM DIRECTLY? https://calendly.com/mollaeilawconsultation/strategy-session
🔔 SUBSCRIBE & TURN ON NOTIFICATION FOR MORE VIDEOS LIKE THIS: https://mollaeilaw.com/youtube
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔥 HOW WE CAN HELP YOU...
Let's face it... starting a business is COMPLICATED and CONFUSING.
We offer Done-For-You Business Services to help entrepreneurs start their online business without dealing with complicated legal forms from anywhere in the world! 🚀🚀
We take care of all of the paperwork for you so you can make more money and spend more time doing what you love!
We help all types of entrepreneurs start their business including...
Amazon FBA business, e-commerce, real estate, selling products online, dropshipping. digital marketing, consulting, software, marketing, selling books, social media marketing, wholesale, management, investment, development, sales, and other businesses.
In 2013, I took the leap to start a virtual law firm so I could help entrepreneurs start their own business and work online on my laptop from anywhere in the world (...best decision I've EVER made).
Since then, my team and I have assisted more than 7,236+ entrepreneurs start their business and our done-for-you service is backed by more than 3,258 5.0 Star Google Reviews 🌟🌟🌟🌟🌟 from clients who love our QUICK and STREAMLINE ONLINE SERVICE!
Interesting in starting your business?
Start here: https://go.mollaeilaw.com/start
Our Website: https://MollaeiLaw.com
Email Us:
[email protected]
Call Us: 818-925-0002
Whatsapp Us: https://wa.me/18189250002
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Hosting Hosting For Your Website: http://bit.ly/2HqH2iV
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Best Online Form Builder: http://bit.ly/39Nfp0D
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FREE Branding Book (Expert Secrets): http://bit.ly/2WMRbMj
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DISCLAIMER: This video and content is for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Nothing herein is intended to nor constitutes a guarantee, warranty or prediction regarding the outcome of your legal matter. This description may contain affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefited from personally.
🔔 SUBSCRIBE & TURN ON NOTIFICATION FOR MORE VIDEOS HERE: https://mollaeilaw.com/youtube
🚀 START YOUR BUSINESS TODAY HERE: https://go.mollaeilaw.com/start
https://wn.com/What_Is_A_Holding_(Parent)_Company
Not sure what a Holding Company is? Listen to Robert as he explains what is a Holding Company, how to create one and if your business needs one.
🚀 ENTREPRENEURS! START YOUR BUSINESS HERE: https://go.mollaeilaw.com/start
📞 WANT TO TALK TO ME OR MY TEAM DIRECTLY? https://calendly.com/mollaeilawconsultation/strategy-session
🔔 SUBSCRIBE & TURN ON NOTIFICATION FOR MORE VIDEOS LIKE THIS: https://mollaeilaw.com/youtube
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔥 HOW WE CAN HELP YOU...
Let's face it... starting a business is COMPLICATED and CONFUSING.
We offer Done-For-You Business Services to help entrepreneurs start their online business without dealing with complicated legal forms from anywhere in the world! 🚀🚀
We take care of all of the paperwork for you so you can make more money and spend more time doing what you love!
We help all types of entrepreneurs start their business including...
Amazon FBA business, e-commerce, real estate, selling products online, dropshipping. digital marketing, consulting, software, marketing, selling books, social media marketing, wholesale, management, investment, development, sales, and other businesses.
In 2013, I took the leap to start a virtual law firm so I could help entrepreneurs start their own business and work online on my laptop from anywhere in the world (...best decision I've EVER made).
Since then, my team and I have assisted more than 7,236+ entrepreneurs start their business and our done-for-you service is backed by more than 3,258 5.0 Star Google Reviews 🌟🌟🌟🌟🌟 from clients who love our QUICK and STREAMLINE ONLINE SERVICE!
Interesting in starting your business?
Start here: https://go.mollaeilaw.com/start
Our Website: https://MollaeiLaw.com
Email Us:
[email protected]
Call Us: 818-925-0002
Whatsapp Us: https://wa.me/18189250002
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔥 ONLINE TOOLS WE USE AND HIGHLY RECOMMEND!
Best Funnel Tool To Start Your Online Business: http://bit.ly/legalfunnel-click
Best Payroll Tool For Hiring Contractors and Employees: https://bit.ly/gusto-for-payroll
Hosting Hosting For Your Website: http://bit.ly/2HqH2iV
Best Email Automation Tool: http://bit.ly/join-activecampaign
Best Online Form Builder: http://bit.ly/39Nfp0D
FREE Online Marketing Book (DotCom Secrets): http://bit.ly/2JGbVkW
FREE Branding Book (Expert Secrets): http://bit.ly/2WMRbMj
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Udemy: https://www.udemy.com/user/sammollaei
Skillshare: https://skillshare.com/sammollaei
Our Blog: http://www.mollaeilaw.com/blog
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▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
DISCLAIMER: This video and content is for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Nothing herein is intended to nor constitutes a guarantee, warranty or prediction regarding the outcome of your legal matter. This description may contain affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefited from personally.
🔔 SUBSCRIBE & TURN ON NOTIFICATION FOR MORE VIDEOS HERE: https://mollaeilaw.com/youtube
🚀 START YOUR BUSINESS TODAY HERE: https://go.mollaeilaw.com/start
- published: 22 Sep 2020
- views: 4085
7:41
How to Start a Holding LLC Company in 2024 [Step-by-Step]
Here is the step-by-step guide on how to set up an LLC holding company or umbrella company in 2024. First off, you need to know that an umbrella company is basi...
Here is the step-by-step guide on how to set up an LLC holding company or umbrella company in 2024. First off, you need to know that an umbrella company is basically a business entity that controls multiple businesses at once.
Book a Tax Services Discovery Call: https://schedule.lyfetaxes.com/discoveryapplication
Timestamps:
Joke Intro (0:00)
What is a holding company? (0:15)
Holding vs Subsidiaries companies (1:05)
Step #1 (1:30)
Step #2 (2:30)
Step #3 (4:09)
Should you start an umbrella company? (6:44)
This is part 2 of this video, "should you create an LLC holding company?" - https://youtu.be/KN_4eJrR62A
More Popular Uploads:
5 Grants to Start a Small Business: https://youtu.be/FweABu-XPNM
Single Member LLC, What You Must Know: https://youtu.be/iHy1xLYqS6Q
Tax Planning for Beginners: https://youtu.be/6pEkMBQJc6A
Tax Secrets: https://youtu.be/kZjPHzJZ844
How to Start a Business: https://youtu.be/gEICb03wQng
Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!
///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
https://wn.com/How_To_Start_A_Holding_Llc_Company_In_2024_Step_By_Step
Here is the step-by-step guide on how to set up an LLC holding company or umbrella company in 2024. First off, you need to know that an umbrella company is basically a business entity that controls multiple businesses at once.
Book a Tax Services Discovery Call: https://schedule.lyfetaxes.com/discoveryapplication
Timestamps:
Joke Intro (0:00)
What is a holding company? (0:15)
Holding vs Subsidiaries companies (1:05)
Step #1 (1:30)
Step #2 (2:30)
Step #3 (4:09)
Should you start an umbrella company? (6:44)
This is part 2 of this video, "should you create an LLC holding company?" - https://youtu.be/KN_4eJrR62A
More Popular Uploads:
5 Grants to Start a Small Business: https://youtu.be/FweABu-XPNM
Single Member LLC, What You Must Know: https://youtu.be/iHy1xLYqS6Q
Tax Planning for Beginners: https://youtu.be/6pEkMBQJc6A
Tax Secrets: https://youtu.be/kZjPHzJZ844
How to Start a Business: https://youtu.be/gEICb03wQng
Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!
///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
- published: 13 Sep 2021
- views: 192632
4:32
LLC Tip: How To Form A Parent Company
The PROPER structure is important💯
.
Running multiple DBA’s under 1 LLC is NOT a parent company 🚫🚫
.
You don’t want to expose business assets to creditors unnec...
The PROPER structure is important💯
.
Running multiple DBA’s under 1 LLC is NOT a parent company 🚫🚫
.
You don’t want to expose business assets to creditors unnecessarily. That is why running multiple businesses under 1 LLC is setting yourself up for FAILURE😩
.
Every business owner should have multiple LLC’s. Book a consultation so we can go over your current business structure & determine how to better protect your personal & business assets💰💰 #LinkInBio⬆️⬆️
#thefirm #businessattorney #entrepreneur#limitedliabilitycompany #smallbusiness #nodaysoff #millionamonth #seeyouatthebank #BusinessLaw #Contracts #BusinessLawyer #HoustonBusinessLawyer #BusinessLife #WomenInBusiness #LLC #contracts #llctips
#smallbusinessattorney #smallbusinesslawyer #businesstips #businessformation #houstonllc #smallbusinesstips #contracttemplates #legaltemplates #contracttemplates
https://wn.com/Llc_Tip_How_To_Form_A_Parent_Company
The PROPER structure is important💯
.
Running multiple DBA’s under 1 LLC is NOT a parent company 🚫🚫
.
You don’t want to expose business assets to creditors unnecessarily. That is why running multiple businesses under 1 LLC is setting yourself up for FAILURE😩
.
Every business owner should have multiple LLC’s. Book a consultation so we can go over your current business structure & determine how to better protect your personal & business assets💰💰 #LinkInBio⬆️⬆️
#thefirm #businessattorney #entrepreneur#limitedliabilitycompany #smallbusiness #nodaysoff #millionamonth #seeyouatthebank #BusinessLaw #Contracts #BusinessLawyer #HoustonBusinessLawyer #BusinessLife #WomenInBusiness #LLC #contracts #llctips
#smallbusinessattorney #smallbusinesslawyer #businesstips #businessformation #houstonllc #smallbusinesstips #contracttemplates #legaltemplates #contracttemplates
- published: 09 Sep 2022
- views: 6049
9:58
Holding Company (Parent Company) - Meaning, Examples, Rights & Responsibility
In this video on Holding Company (Parent Company), here we discuss a parent company's relationship with a subsidiary company and rights and responsibilities of ...
In this video on Holding Company (Parent Company), here we discuss a parent company's relationship with a subsidiary company and rights and responsibilities of holding company's.
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 (𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲)?
---------------------------------------------------------------------------------
The parent company or holding company is a firm with majority voting rights of other companies (subsidiary companies) to control the company's management and operations.
𝐑𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
-----------------------------------------------------
#1 - Holds more than 50% of the subsidiary's rights.
#2 - Controlling power over the subsidiary firm.
#3 - Maintains voting rights for the subsidiary.
𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐟 𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
----------------------------------------------------------------
#1 - Responsible for the subsidiary's tax obligations.
#2 - Responsible for the business operation and resource management of the sister concern at its location.
#3 - Sometimes in their financial needs they serve as a guarantor for the subsidiary.
To know more about 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 (𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲), you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/holding-parent-company/
Connect with us!
Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/mycompany/
Facebook ► https://www.facebook.com/wallstreetmojo
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Twitter ► https://twitter.com/wallstreetmojo
https://wn.com/Holding_Company_(Parent_Company)_Meaning,_Examples,_Rights_Responsibility
In this video on Holding Company (Parent Company), here we discuss a parent company's relationship with a subsidiary company and rights and responsibilities of holding company's.
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 (𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲)?
---------------------------------------------------------------------------------
The parent company or holding company is a firm with majority voting rights of other companies (subsidiary companies) to control the company's management and operations.
𝐑𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
-----------------------------------------------------
#1 - Holds more than 50% of the subsidiary's rights.
#2 - Controlling power over the subsidiary firm.
#3 - Maintains voting rights for the subsidiary.
𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐟 𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
----------------------------------------------------------------
#1 - Responsible for the subsidiary's tax obligations.
#2 - Responsible for the business operation and resource management of the sister concern at its location.
#3 - Sometimes in their financial needs they serve as a guarantor for the subsidiary.
To know more about 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 (𝐏𝐚𝐫𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲), you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/holding-parent-company/
Connect with us!
Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/mycompany/
Facebook ► https://www.facebook.com/wallstreetmojo
Instagram ► https://www.instagram.com/wallstreetmojoofficial/
Twitter ► https://twitter.com/wallstreetmojo
- published: 19 May 2019
- views: 32266
21:06
What is a Holding Company? Setting up a parent company for Benefits and Tax Reduction
$$$ -The Corporate Citizen Playbook Training - https://ieatfire.com/bundles/the-corporate-citizen-playbook-training. Use promo code - YouTube - for massive sav...
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$$$ -The Corporate Citizen Playbook Training - https://ieatfire.com/bundles/the-corporate-citizen-playbook-training. Use promo code - YouTube - for massive savings Learn how to start, organize, hire, manage a business, and get real business credit. This offer is good until the end of JUNE before the Price Changes.
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$$$- The Power of Persistence: A Bold Guide to Achieving Your Goals - https://ieatfire.com/courses/the-power-of-persistence
$$$$ The Free Money Management Course -https://modernmoneymindset.org/courses/money-management
$$$ -Consulting Calls - https://calendly.com/savageconsultingservices
$$$$ Blog - Coming Soon
$$$$- How to Hire People - https://info.adp.com/partner?fid=thecorporategame
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American Express Business Platinum - Apply for an American Express Card with this link. With your new Card, you could earn a welcome bonus and your friend could earn a referral bonus. Terms Apply. https://americanexpress.com/en-us/referral/GLENDC6iUH?xl=cp10at
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Delta SkyMiles® Platinum Business American Express Card - Apply for an American Express Card with this link. With your new Card, you could earn a welcome bonus and your friend could earn a referral bonus. Terms Apply. https://americanexpress.com/en-us/referral/GLENDCBH8l?xl=cp10at
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Blue Cash Preferred® Card - Apply for an American Express Card with this link. With your new Card, you could earn a welcome bonus and your friend could earn a referral bonus. Terms Apply. https://americanexpress.com/en-us/referral/GLENDCK4BI?xl=cp10at
- published: 21 Mar 2023
- views: 1733
2:04
Google's parent company Alphabet to cut 12,000 jobs worldwide - BBC News
Google's parent company, Alphabet, has announced it will cut 12,000 jobs across its teams worldwide.
It follows a trend by big tech firms, including Microsoft,...
Google's parent company, Alphabet, has announced it will cut 12,000 jobs across its teams worldwide.
It follows a trend by big tech firms, including Microsoft, who are citing pressures facing the global economic climate for a rise in the number of redundancies.
In a memo to staff Alphabet's chief executive said the mass hiring of staff across its network over the last two years was for a different economic reality.
Please subscribe HERE http://bit.ly/1rbfUog
#Tech #Google #BBCNews
https://wn.com/Google's_Parent_Company_Alphabet_To_Cut_12,000_Jobs_Worldwide_BBC_News
Google's parent company, Alphabet, has announced it will cut 12,000 jobs across its teams worldwide.
It follows a trend by big tech firms, including Microsoft, who are citing pressures facing the global economic climate for a rise in the number of redundancies.
In a memo to staff Alphabet's chief executive said the mass hiring of staff across its network over the last two years was for a different economic reality.
Please subscribe HERE http://bit.ly/1rbfUog
#Tech #Google #BBCNews
- published: 20 Jan 2023
- views: 24979
3:59
Reporter says TikTok's parent company accessed her data to try to see who she was meeting with
The Justice Department is investigating TikTok's parent company for possibly spying on American citizens, including journalists, CBS News has confirmed. The pop...
The Justice Department is investigating TikTok's parent company for possibly spying on American citizens, including journalists, CBS News has confirmed. The popular app is owned by China-based ByteDance. Forbes technology reporter Emily Baker-White said the company improperly accessed her data, and she joined "CBS News Mornings" to discuss.
#news #tiktok #forbes
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
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https://wn.com/Reporter_Says_Tiktok's_Parent_Company_Accessed_Her_Data_To_Try_To_See_Who_She_Was_Meeting_With
The Justice Department is investigating TikTok's parent company for possibly spying on American citizens, including journalists, CBS News has confirmed. The popular app is owned by China-based ByteDance. Forbes technology reporter Emily Baker-White said the company improperly accessed her data, and she joined "CBS News Mornings" to discuss.
#news #tiktok #forbes
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
Subscribe to the CBS News YouTube channel: http://youtube.com/cbsnews
Watch CBS News: http://cbsn.ws/1PlLpZ7c
Download the CBS News app: http://cbsn.ws/1Xb1WC8
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- published: 20 Mar 2023
- views: 15877
1:56
DOJ, FBI investigating TikTok’s parent company ByteDance
The Justice Department and the FBI are now looking into whether Chinese company ByteDance illegally surveilled journalists, according to a law enforcement offic...
The Justice Department and the FBI are now looking into whether Chinese company ByteDance illegally surveilled journalists, according to a law enforcement official with knowledge of the matter. NBC News’ Hallie Jackson has more details on TikTok’s future in the U.S.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
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#FBI #TikTok #China
https://wn.com/Doj,_Fbi_Investigating_Tiktok’S_Parent_Company_Bytedance
The Justice Department and the FBI are now looking into whether Chinese company ByteDance illegally surveilled journalists, according to a law enforcement official with knowledge of the matter. NBC News’ Hallie Jackson has more details on TikTok’s future in the U.S.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
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#FBI #TikTok #China
- published: 18 Mar 2023
- views: 4334
8:50
Holding Company and Subsidiary Company | Difference between Holding company and subsidiary company
This video might be useful for students preparing for -
11th Commerce #11thcommerce
12th commerce boards #12thcommerce
CSEET(CS FOUNDATION ICSI)
CA Foundation ...
This video might be useful for students preparing for -
11th Commerce #11thcommerce
12th commerce boards #12thcommerce
CSEET(CS FOUNDATION ICSI)
CA Foundation #cafoundation
UGC NET COMMERCE #ugcnetcommerce
LLB #llb
UGC NET LAW #ugcnetlaw
In this video-
Teacher's Name - CS Payal Popli
Topic - Holding and Subsidiary Company
Chapter 4 -Elements of Company Law
Subject - Legal Aptitude and Logical Reasoning
CSEET (ICSI)
Watch full syllabus of CSEET - Legal Aptitude and Logical Reasoning from our playlist -
https://www.youtube.com/playlist?list=PLAxciooZTrO2FtD3pgVo5gC6XPzzMXNmQ
Contact for Notes and Question Bank of CSEET-
WhatsApp - 9630227777
Holding and Subsidiary Company-
As per Section 2(87) “subsidiary company” or “subsidiary”, in relation to any other company (that is to say the holding company), means a company in which the holding company—
(i) controls the composition of the Board of Directors; or
(ii) exercises or controls more than one-half of the total share capital either at its own or together with one or more of its subsidiary companies:
Provided that such class or classes of holding companies as may be prescribed shall not have layers of subsidiaries beyond such numbers as may be prescribed.
Explanation.—For the purposes of this clause,—
(a) a company shall be deemed to be a subsidiary company of the holding company even if the control referred to in sub-clause (i) or sub-clause (ii) is of another subsidiary company of the holding company;
(b) the composition of a company’s Board of Directors shall be deemed to be controlled by another company if that other company by exercise of some power exercisable by it at its discretion can appoint or remove all or a majority of the directors;
(c) the expression “company” includes anybody corporate;
(d) “layer” in relation to a holding company means its subsidiary or subsidiaries;
COMPANY INCLUDES BODY CORPORATE:
As per Sec 2(87) Company include a ‘Body Corporate’.
As per Sec 2(11) body corporate includes a ‘Company incorporate out of India’.
Thus, an Indian company in which more than 50% shares are held by a foreign body corporate will be a ‘Subsidiary Company’.
Similarly, any Indian body corporate can be ‘holding company’ even if that body corporate is not registered as ‘company’ under company Act.
An Indian company can be holding/subsidiary of a foreign body corporate even if it is not registered as a Company.
Connect with us-
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Facebook- https://www.facebook.com/Padhaku-Log-101091301476679/
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Watsapp-9630227777
Telegram-9630227777
About us:
Padhaku Log is a platform specially created for those students who live in remote areas and don’t have access to fancy coaching classes. A channel which wants to bring parity in knowledge level of all.
#padhakulog #holdingcompany #subsidiarycompany
#cseet #cseetvideolectures #cseetrevision
#cseetmarathon #cseetfreebatch #cseetonlineexamindetail #cseetexams #cseet2021 #cseetfullsyllabus #legalaptitude #logicalreasoning
#csfoundation #icsi #cs #companysecretary #companiesact2013 #commercestudents
#legalaptitudeandlogicalreasoning
#companysecretary #companysecretarycourse #icsi #icsiexam
https://wn.com/Holding_Company_And_Subsidiary_Company_|_Difference_Between_Holding_Company_And_Subsidiary_Company
This video might be useful for students preparing for -
11th Commerce #11thcommerce
12th commerce boards #12thcommerce
CSEET(CS FOUNDATION ICSI)
CA Foundation #cafoundation
UGC NET COMMERCE #ugcnetcommerce
LLB #llb
UGC NET LAW #ugcnetlaw
In this video-
Teacher's Name - CS Payal Popli
Topic - Holding and Subsidiary Company
Chapter 4 -Elements of Company Law
Subject - Legal Aptitude and Logical Reasoning
CSEET (ICSI)
Watch full syllabus of CSEET - Legal Aptitude and Logical Reasoning from our playlist -
https://www.youtube.com/playlist?list=PLAxciooZTrO2FtD3pgVo5gC6XPzzMXNmQ
Contact for Notes and Question Bank of CSEET-
WhatsApp - 9630227777
Holding and Subsidiary Company-
As per Section 2(87) “subsidiary company” or “subsidiary”, in relation to any other company (that is to say the holding company), means a company in which the holding company—
(i) controls the composition of the Board of Directors; or
(ii) exercises or controls more than one-half of the total share capital either at its own or together with one or more of its subsidiary companies:
Provided that such class or classes of holding companies as may be prescribed shall not have layers of subsidiaries beyond such numbers as may be prescribed.
Explanation.—For the purposes of this clause,—
(a) a company shall be deemed to be a subsidiary company of the holding company even if the control referred to in sub-clause (i) or sub-clause (ii) is of another subsidiary company of the holding company;
(b) the composition of a company’s Board of Directors shall be deemed to be controlled by another company if that other company by exercise of some power exercisable by it at its discretion can appoint or remove all or a majority of the directors;
(c) the expression “company” includes anybody corporate;
(d) “layer” in relation to a holding company means its subsidiary or subsidiaries;
COMPANY INCLUDES BODY CORPORATE:
As per Sec 2(87) Company include a ‘Body Corporate’.
As per Sec 2(11) body corporate includes a ‘Company incorporate out of India’.
Thus, an Indian company in which more than 50% shares are held by a foreign body corporate will be a ‘Subsidiary Company’.
Similarly, any Indian body corporate can be ‘holding company’ even if that body corporate is not registered as ‘company’ under company Act.
An Indian company can be holding/subsidiary of a foreign body corporate even if it is not registered as a Company.
Connect with us-
Instagram- https://instagram.com/padhaku_log?igshid=16luafh5weq49
Facebook- https://www.facebook.com/Padhaku-Log-101091301476679/
Mail id-
[email protected]
Watsapp-9630227777
Telegram-9630227777
About us:
Padhaku Log is a platform specially created for those students who live in remote areas and don’t have access to fancy coaching classes. A channel which wants to bring parity in knowledge level of all.
#padhakulog #holdingcompany #subsidiarycompany
#cseet #cseetvideolectures #cseetrevision
#cseetmarathon #cseetfreebatch #cseetonlineexamindetail #cseetexams #cseet2021 #cseetfullsyllabus #legalaptitude #logicalreasoning
#csfoundation #icsi #cs #companysecretary #companiesact2013 #commercestudents
#legalaptitudeandlogicalreasoning
#companysecretary #companysecretarycourse #icsi #icsiexam
- published: 24 May 2021
- views: 165508